The Trustee values the assets of each investment option at the latest available prices.
In valuing the assets, an allowance is made for the following to determine the net value of the assets in the relevant Hostplus SMI investment option:
- expense recoveries
- investment costs
- transactions costs; and
- income tax.
This valuation is then divided by the total units in each option. Unit prices generally rise and fall with movements in the value of underlying assets.